As major indices on the Wall Street surged on Monday, the American Depository Receipts (ADRs) of India’s frontline IT companies Infosys and Wipro rallied up to 3%. While the Infosys ADRs gained 2.2% to hit the day’s high of $18.82, Wipro ADRs were up at $3.05, rising by 3%. The mood remained upbeat with Dow…
Infosys has placed AI, cloud, data, and digital at the core of its strategy to lead the next phase of enterprise tech transformation. CEO Salil Parekh called Infosys a trusted partner for large global enterprises, highlighting its leadership in AI, cloud, and automation. The company’s AI-first vision is driven by its platform, Infosys Topaz, which…
Shares of Infosys Ltd rose as much as 2.3% to Rs 1,609 on Thursday, as investors scrambled to buy the stock before it turns ex-dividend on Friday. With the company’s record date for its final dividend of Rs 22 per share set for May 30, Thursday marks the last chance for investors to acquire shares…
Indian benchmark indices Sensex and Nifty opened higher on Friday, lifted by gains in IT and auto stocks, following a positive trend in Asian markets after US President Donald Trump said trade talks with China are underway. The BSE Sensex was trading 289 points, or 0.33%, higher at 80,067. The Nifty50 was up 87 points,…
Indian benchmark equity indices closed higher on Thursday to log their best week in more than four years and erase all their year-to-date losses, led by a rally in heavyweight financial stocks. The Nifty 50 ended 1.8% higher at 23,851, while the BSE Sensex added 1.96% to end at 78,553. The indices rose 4.5% in…
April 18, 2025April 18, 2025 Infosys has signed a strategic deal with Spark New Zealand to help modernise the telco’s technology delivery using AI and cloud solutions. The move aims to boost efficiency and enhance customer experience. Announced on 18th April, the partnership builds on a 16-year relationship between…
New Delhi, The combined market valuation of five of the top-10 valued firms surged Rs 84,559.01 crore in a holiday-shortened last week, with Hindustan Unilever emerging as the biggest winner. Last week, the BSE benchmark Sensex declined 207.43 points or 0.27 per cent. The NSE Nifty dipped 75.9 points or 0.33 per cent. Indian stock…
The Indian market closed lower on Monday, with benchmark indices logging their worst session in 10 months as an intensifying tariff-fueled selloff and rising global recession fears drove investors away from riskier assets. The benchmark BSE Sensex declined 2226.79 points or 2.95% to close at 73,137.90, while the broader Nifty 50 index closed at 22,161.60,…
The Indian market ended lower on Wednesday, paring early gains, as a decline in information technology stocks—spurred by concerns over U.S. economic growth—weighed on the broader market. Additionally, concerns about U.S. tariffs and their potential impact on the global economy continued to dampen sentiment. The benchmark BSE Sensex lost 72.56 points or 0.10% to close…
Shruti Shibulal, daughter of Infosys co-founder and former CEO SD Shibulal, on Tuesday bought the IT major’s shares worth Rs 494 crore through an open market transaction. According to the block deal data available on the National Stock Exchange (NSE), Shruti Shibulal, one of the promoters of Infosys, purchased 29,84,057 shares of the Bengaluru-headquartered IT…